• The Venture
  • Posts
  • OpenAI funding at $100B valuation and NEA reenters secondaries market 🤝

OpenAI funding at $100B valuation and NEA reenters secondaries market 🤝

Author

The Venture
August 30, 2024

In partnership with

Welcome back to The Venture folks. We’re the newsletter tracking venture deals, startup news, and acquisitions across the internet every week.

As always, if you do not want to receive this newsletter anymore, please click unsubscribe at the bottom of this page. If you do support it and want to keep receiving this newsletter just do nothing and enjoy the amazing content because we love you ❤️

The Daily Newsletter for Intellectually Curious Readers

  • We scour 100+ sources daily

  • Read by CEOs, scientists, business owners and more

  • 3.5 million subscribers

OpenAI reportedly in talks to close a new funding round at $100B+ valuation | TechCrunch

The Wall Street Journal reports that OpenAI is close to closing a funding tranche that would value the startup at over $100 billion.

techcrunch.com/2024/08/28/openai-reportedly-in-talks-to-close-new-funding-round-at-100b-valuation

NEA quietly reenters the secondaries market | TechCrunch

New Enterprise Associates (NEA) is getting back into the secondaries game.  The Silicon Valley-based VC raised more than $468 million for NEA

techcrunch.com/2024/08/28/nea-quietly-reenters-the-secondaries-market

Science-heavy Swiss VC firm Redalpine raises fresh $200M fund for early-stage investments | TechCrunch

Many VC funds, especially recent vintages, have failed to return money to their investors. Swiss VC firm Redalpine is one exception, and this largely

techcrunch.com/2024/08/26/science-heavy-swiss-vc-firm-redalpine-raises-fresh-200m-fund-for-early-stage-investments

Fluid Truck’s board ousted its sibling co-founders amid allegations of mismanaging funds | TechCrunch

Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry, has ousted its sibling co-founders -- CEO James Eberhard and

techcrunch.com/2024/08/28/fluid-trucks-board-ousted-its-sibling-co-founders-amid-allegations-of-mismanaging-funds